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HBT Financial, Inc. reported a strong financial performance for the third quarter of 2022, with net income of $15.6 million, or $0.54 diluted earnings per share. The company's earnings increased from the prior quarter, while maintaining exceptional asset quality and strong capital ratios.
Net income of $15.6 million, or $0.54 per diluted share
Adjusted net income of $15.9 million, or $0.55 per diluted share
Asset quality remained strong with nonperforming assets to total assets of 0.14%
Cost of total deposits remained low at 0.06%
The transaction remains on track to close during the first quarter of 2023.